Officials weigh scaling back the futuristic city amid funding pressures, delays and environmental concerns over the project.
After years of delays, rising costs and grand promises, Riyadh is rethinking the scale and purpose of its most ambitious ...
The ambitious megaproject is being scaled back, including a component that could be geared towards the AI boom.
Saudi Crown Prince Mohammed bin Salman’s flagship project Neom is set to be significantly downscaled and redesigned as a ...
Faisal Alibrahim, Saudi's economy minister, told CNBC the country was "reprioritizing a little bit towards sectors that need it the most." It comes after Riyadh launched an ambitious strategy, "Vision ...
After years of cost overruns and delays, Saudi Arabia’s flagship futuristic megaproject, Neom, is set to be significantly ...
Monday - Friday: 12:00 - 13:00 SIN/HK | 0600 - 07:00 CET Saudi Arabia's Public Investment Fund has tapped consulting firms to conduct a strategic review of plans for the 105-mile linear city. Neom did ...
You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Follow Nora Redmond Every time Nora publishes a story, you’ll get an alert straight to your inbox!
The postponement marks a setback for the kingdom, which has committed to hosting several major events over the next decade.
Saudi Arabia’s NEOM Green Hydrogen Project is 80% complete, on track to start green ammonia exports by 2027. Despite global headwinds for hydrogen projects, including high costs and few offtake deals, ...
In 2022, Saudi Arabia announced one of its most ambitious endeavors to date: a sprawling ski resort in the heart of the dry Middle Eastern desert. It would feature ski slopes atop luxury hotel roofs, ...
As Saudi Arabia continues to reshape its desert landscape with an incredible number of ambitious construction projects, it has employed some high-tech robotic help to increase efficiency and speed ...